Business trends

Profits of chemical raw materials and products industry increased year on year in the first quarter

Data show that from January to March, the total profits of Industrial Enterprises above Designated Size in China reached 1825.38 billion yuan, a year-on-year increase of 1.37 times, an increase of 50.2% over January to march in 2019, and an average increase of 22.6% in two years. From January to March, among the industrial enterprises above Designated Size, state-owned holding enterprises achieved a total profit of 616.54 billion yuan, a year-on-year increase of 1.99 times; The total profits of joint-stock enterprises reached 1279.27 billion yuan, an increase of 1.29 times; The total profits of enterprises invested by foreign investors, Hong Kong, Macao and Taiwan reached 512.81 billion yuan, an increase of 1.61 times; The total profit of private enterprises was 516.33 billion yuan, an increase of 91.9%.

From January to March, the total profit of mining industry was 151.95 billion yuan, up 77.1% year on year; The total profit of manufacturing industry was 1536.63 billion yuan, an increase of 1.58 times; Power, heat, gas and water production and supply industry realized a total profit of 136.8 billion yuan, an increase of 56.9%.

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